CITY OF GRAND JUNCTION, COLORADO

RESOLUTION NO. 34-07

A RESOLUTION APPOINTING A DESIGNATED VOTER FOR THE CITY OF GRAND JUNCTION TO CAST A VOTE IN THE SPECIAL ELECTION SCHEDULED APRIL 3, 2007 REGARDING TAX INCREMENT FINANCING DEBT

Recitals.

On January 17, 2007, the Grand Junction City Council adopted Resolution No. 12-07 which directed that a question be submitted to the qualified electors of the Downtown Development Authority on a mail ballot April 3, 2007, which if approved, will authorize an increase in the maximum incurred debt and modify the purposes of the Downtown Development Authority.

The provisions of 31-25-801 et seq, C.R.S. define how such an election will be conducted and define qualified electors as “a resident, a landowner, or a lessee as said terms are defined in this section.” Further it states that “any landowner or lessee which is not a natural person may vote only if it designates by some official action a representative thereof to cost its ballot.” The City is a landowner and is not a natural person and therefore must designate a representative to vote in the election.

The appointment of a representative by resolution satisfies the legal requirements.

NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION THAT:

City Manager David Varley is the designated representative to cast a ballot on behalf of the City of Grand Junction on Downtown Development Authority, City of Grand Junction F.

Approved this 7^th day of March, 2007.

           /s/ James J. Doody      

           President of the Council

ATTEST:

/s/ Stephanie Tuin      

City Clerk